Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Unit 4 Discussion topic 1 - Subject Compensation Job Evaluation and Internal Pay Structures There are several different methods for job evaluation. Provide examples of

Unit 4 Discussion topic 1 - Subject Compensation

Job Evaluation and Internal Pay Structures

There are several different methods for job evaluation. Provide examples of pros and cons for an organization to use more than one type of job evaluation plan.

Use your favorite search engine and search for the following search terms: Choosing, pay structure, works, practice, American, academy, family, physicians. A family practice is probably a lot smaller than most of the organizations discussed in this class, but small businesses have many of the same compensation issues that you have become familiar with.

Unit 4 Discussion Topic 2 - Subject Compensation

Job Evaluation and Internal Pay Structures

Compare and contrast job-based, skill-based and competency-based pay structures. Do you feel that one approach is better than the others? Does it depend on the organization? Give some examples. Please relate anything useful from your Web field trip as it relates to this issue.

Give an example of how the choice of an internal pay structure might not align with an organization's business strategy.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Loss Control Auditing A Guide For Conducting Fire Safety And Security Audits

Authors: E. Scott Dunlap

1st Edition

1439828865, 978-1439828861

More Books

Students also viewed these Accounting questions